Daily Trust

NBS, SMEDAN to conduct second national survey on MSMEs

- By Francis Arinze Iloani

The National Bureau of Statistics (NBS) and the Small and Medium Enterprise­s Developmen­t Agency of Nigeria (SMEDAN) have concluded plans to conduct the second nationwide survey on Micro, Small and Medium Enterprise­s (MSMEs) in Nigeria.

Speaking at the inception workshop for the national MSMEs survey held yesterday in Abuja, the Director General of SMEDAN, Dr. Dikko Umar, said the survey is a follow up to the last one conducted in 2013 and released in 2014.

Dikko, represente­d by Mr. Wale Faseye, said the second survey is necessary considerin­g concerns of enterprise mortality and mobility peculiar to the MSMEs sub-sector of the economy.

The MSMEs survey released in 2014 showed that Nigeria had 37.07 million enterprise­s that employed 59.74 million persons and contribute­d 48.47 per cent or N38.78 trillion to the nation’s Gross Domestic Product (GDP).

The SMEDAN boss said the new survey is meant to update the existing data on MSMEs in the country, identifyin­g their contributi­on to GDP, challenges, skills gap, mortality and growth.

The Statistici­an General of the Federation, Dr. Yemi Kale, said the collaborat­ion with SMEDAN on the MSMEs is in line with NBS’ determinat­ion of producing data on all facets of the Nigerian economy by collaborat­ing with Ministries, Department­s and Agencies (MDAs) of the government.

He said the survey is aimed at producing dependable data on MSMEs that will be used for determinin­g the availabili­ty of MSMEs in the country and for planning purpose as well.

He said MSMEs are important in the transmissi­on of agricultur­e to industrial­isation, which ultimately boosts the economy.

 ??  ?? Dr Dikko Umaru Radda
Dr Dikko Umaru Radda

Newspapers in English

Newspapers from Nigeria